Pain of debt crisis felt on Greek streets

Many citizens struggle to make ends meet as world markets slump on fears of an imminent Greek debt default.

    Greece has enough money to pay pensions, workers' salaries and bondholders through mid-November, the country's finance minister said on Tuesday.

    The statement came as world stock markets slumped on fears of an imminent Greek debt default, which could bring down European banks and trigger another global recession.

    The Athens Stock Exchange general index tumbled by 6.3 per cent, while the main Europe markets fell almost three per cent.

    Jonah Hull reports from Athens, Greece's capital, on how ordinary Greeks are feeling much of the economic pain of the debt crisis.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Life after death row: The pastor praying for Nigeria's prisoners

    The Nigerian pastor adapting to life after death row

    Clinton Kanu spent 27 years in prison for a murder he did not commit, but life on the outside feels far from free.

    What it means to love a dead child

    What it means to love a dead child

    You must forget all you thought you knew about grief when the landscape of your life has been demolished.

    'Butchered': The Kenyan FGM clinic serving Europeans

    'Butchered': The Kenyan FGM clinic serving Europeans

    Kenya banned FGM in 2011, but Europeans still bring their daughters to underground clinics there to be cut.